Originally Posted by
flyboyike
Good to know. In any event, at 2mil a year, you're in the Cessna 206 (albeit a new one) market, certainly nowhere near Gulfstream territory. That's not to suggest that you haven't done well in life, it's just that there is a reason why typical Gulfstream buyers are corporations like ATT and 3M.
Perhaps new ones are in the realm of fortune 500 companies, but if we are talking about straight purchase price on a used plane of say 4m or less and financed under current rates, I can buy the plane .as we have been discussing , it's the maintenance that is unpalatable to me. It's just really more than I want to spend.
However I could swing a 2m jet of US only capability and spend 3-500k per year in maintenance. This would be the sweet spot for taxes for me .
The Cessna? No .Not for me whatsoever .no offense to Cessna owners .I would charter before I bought that. No one in my family would ride in it .